P2P Market Fees
- Fees on the P2P Market
- How the P2P Market seller's fee works
- Are buyers charged a fee on the P2P Market
Fees on the P2P Market
A fee on the P2P Market is charged by Wallet only from the seller and only for successful orders — that is, after the seller confirms receipt of payment and the cryptocurrency is released to the buyer. The Wallet fee is 0.9% of the order amount.
Note: It is prohibited to set or request any additional fees, tips, or other forms of payment beyond the terms of the trade. All payments and fees are already included in the P2P Market mechanics.
How the P2P Market seller's fee works
When creating a sell ad, a 0.9% fee is reserved from the amount you specify. This fee is not charged separately from your main balance — instead, the amount shown in the ad already excludes the 0.9% fee.
Example:
If you create a sell ad for 100 USDT, the ad will display 99.1 USDT. The buyer will place an order for 99.1 USDT and transfer fiat payment to you according to the provided payment details. Once you confirm receipt of payment and the order is completed, 99.1 USDT will be released to the buyer, and 0.9 USDT will be charged as a fee by the P2P Market.
If there are no orders made, and you want to stop the ad, then the entire amount and the fee will be returned to your Wallet balance.
When an order is created on a buy ad, the amount including the potential 0.9% fee is reserved, but it is charged only if the order is successfully completed. If the order is canceled, the full amount including the fee is released and becomes available for future orders.
Are buyers charged a fee on the P2P Market
Wallet does not charge buyers any fees on the P2P Market. However, when making payment to the seller, buyers are responsible for any fiat transaction fees charged by their bank or payment service.
This means that if your bank or payment provider charges a transfer fee for fiat, you must cover it on top of the order amount.
The seller must receive the full agreed amount as shown in the order, with no deductions or additional fees on their side — regardless of any fees charged by your bank or payment system.